Cap. 168 Art. 167Rights of creditors to oppose conversion or amalgamation.

(1) The conversion or the amalgamation of two or more partnerships shall not take effect until three months from the date of the publication of the statement referred to in article 192(1)(c)

relating to the instrument effecting such conversion or amalgamation.

(2) During the aforesaid period of three months any creditor of the partnership whose debt existed prior to the registration of the conversion or of the amalgamation may by writ of summons object to the conversion or to the amalgamation, and, if he shows good cause why it should not take effect, the court shall either uphold the objection or allow the conversion or the amalgamation on sufficient security being given.